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I’m Betting On These 5 Income Streams to Get Me to $1,000,000
We’re living in the golden age of entrepreneurship and I’ve been trying to take advantage of it, just like everyone else. My goal is simple, and probably a bit pretentious: I want to make seven figures a year on the internet (then again, who doesn’t?).
That said, I have a problem at the moment. Ask any expert and they’ll tell you the key to success is to pour all your energy into one venture. But I don’t want that right now. I’m an ideas guy with too many interests. Too many businesses I want to start.
My failure to cure my Shiny Object Syndrome has led me to where I am now. Five income streams, each with high income potential. Each equally appealing to me. And since none of them have truly taken off yet, I currently have the mental bandwidth to nurture them all.
But I also know that sooner or later, I’ll learn the experts are right. If I want to hit seven figures, I’ll eventually need to choose one venture and drop the others. And when that day comes, I’ll embrace it.
In the mean time, I’m putting equal energy into all of them. Here’s a breakdown of each and why I see them as significant opportunities.